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Australian (ASX) Food and Staples Retail Industry Analysis

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies4
  • 7D-5.8%
  • 3M6.4%
  • 1Y1.4%
  • YTD9.0%

Over the last 7 days, the Food and Staples Retail industry has dropped 5.8%, driven by pullbacks from every company within the industry. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Australian Food and Staples Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 May 2026AU$81.5bAU$144.8bAU$2.3b23.3x35.9x0.6x
Mon, 30 Mar 2026AU$83.1bAU$144.8bAU$2.3b22.6x36.6x0.6x
Wed, 25 Feb 2026AU$78.3bAU$143.0bAU$2.8b21.7x28.4x0.5x
Fri, 23 Jan 2026AU$77.8bAU$150.3bAU$2.8b26.1x27.9x0.5x
Sun, 21 Dec 2025AU$76.3bAU$150.3bAU$2.8b26.7x27.3x0.5x
Tue, 18 Nov 2025AU$76.8bAU$150.3bAU$2.8b27.7x27.5x0.5x
Thu, 16 Oct 2025AU$75.0bAU$150.2bAU$2.8b26.6x26.6x0.5x
Sat, 13 Sep 2025AU$78.8bAU$150.2bAU$2.8b26.5x27.9x0.5x
Mon, 11 Aug 2025AU$79.4bAU$150.5bAU$3.5b23.6x22.4x0.5x
Wed, 09 Jul 2025AU$79.2bAU$150.5bAU$3.5b23.3x22.3x0.5x
Fri, 06 Jun 2025AU$81.1bAU$149.8bAU$3.5b24x23x0.5x
Sun, 04 May 2025AU$81.8bAU$149.1bAU$3.5b24.1x23.3x0.5x
Tue, 01 Apr 2025AU$74.0bAU$149.1bAU$3.5b22.2x21.1x0.5x
Thu, 27 Feb 2025AU$76.6bAU$147.0bAU$2.1b23.3x37x0.5x
Sat, 25 Jan 2025AU$74.8bAU$147.0bAU$2.1b22.8x36.2x0.5x
Mon, 23 Dec 2024AU$74.4bAU$147.0bAU$2.1b22.1x36x0.5x
Wed, 20 Nov 2024AU$74.4bAU$146.3bAU$2.1b21.7x36x0.5x
Fri, 18 Oct 2024AU$78.1bAU$146.9bAU$2.1b20.2x37.1x0.5x
Sun, 15 Sep 2024AU$82.7bAU$146.9bAU$2.1b20.3x39.3x0.6x
Tue, 13 Aug 2024AU$81.1bAU$142.8bAU$1.9b19.5x43x0.6x
Thu, 11 Jul 2024AU$79.3bAU$142.8bAU$1.9b18.4x42.1x0.6x
Sat, 08 Jun 2024AU$77.7bAU$142.8bAU$1.9b19.3x40.9x0.5x
Mon, 06 May 2024AU$74.3bAU$143.9bAU$2.1b16.6x36.2x0.5x
Wed, 03 Apr 2024AU$78.2bAU$143.9bAU$2.1b17.1x38.1x0.5x
Fri, 01 Mar 2024AU$77.9bAU$143.9bAU$2.1b16.8x38x0.5x
Sun, 28 Jan 2024AU$80.0bAU$140.9bAU$3.7b18.7x21.6x0.6x
Tue, 26 Dec 2023AU$80.0bAU$140.9bAU$3.7b17.4x21.6x0.6x
Thu, 23 Nov 2023AU$76.5bAU$140.8bAU$3.7b16.6x20.7x0.5x
Sat, 21 Oct 2023AU$78.9bAU$141.2bAU$3.8b17.2x20.9x0.6x
Mon, 18 Sep 2023AU$82.2bAU$141.2bAU$3.8b18.4x21.8x0.6x
Wed, 16 Aug 2023AU$86.6bAU$138.8bAU$4.0b19.6x21.9x0.6x
Fri, 14 Jul 2023AU$88.2bAU$138.8bAU$4.0b20.4x22.3x0.6x
Sun, 11 Jun 2023AU$85.2bAU$138.8bAU$3.9b19.8x21.6x0.6x
Tue, 09 May 2023AU$87.9bAU$138.1bAU$4.0b20.9x22x0.6x
Price to Earnings Ratio

22x


Total Market Cap: AU$87.9bTotal Earnings: AU$4.0bTotal Revenue: AU$138.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food and Staples Retail Industry Price to Earnings3Y Average 29.3x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Consumer Retailing industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.9x which is higher than its 3-year average PE of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have declined 17% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Australian Consumer Staples industry?

AU Market-0.54%
Consumer Staples-5.22%
Food and Staples Retail-5.81%
Drug Retail0%0
Big Box Super Stores0%0
Food Distributors-4.26%
Food Retail-5.87%
Industry PE
  • Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 32.4x.
    • Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 18.4% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 13.9x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Food Distributors industry is expected to see its earnings grow by 4.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

WOW
AU$34.15
Woolworths Group
7D
-9.9%
1Y
4.5%
MTS
AU$2.70
Metcash
7D
-4.3%
1Y
-17.7%

MTS: Constructive New Coverage And Execution Will Support Future Upside

Analysts have trimmed their Metcash price target from A$3.77 to A$3.63 as updated assumptions for revenue growth, profit margins, the discount rate and future P/E bring fair value estimates slightly lower, even though recent research maintains a constructive stance on the shares. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent initiation of coverage with a positive view, which they see as support for the case that current pricing already reflects more cautious assumptions on revenue growth and margins.
COL
AU$22.92
Coles Group
7D
-0.6%
1Y
4.5%

COL: Firm Margins And Leakage Controls Are Expected To Sustain Fair Value

Analysts have nudged their fair value estimate for Coles Group slightly higher from A$22.75 to A$22.94, citing healthy growth, solid margins and progress in limiting non food channel leakage as key factors supporting the higher price target. Analyst Commentary Recent research points to a slightly more constructive view on Coles Group, with bullish analysts highlighting resilient fundamentals while also flagging areas that still warrant caution for valuation and execution risk.
EDV
AU$3.42
Endeavour Group
7D
-2.3%
1Y
-17.8%

EDV: Improved Execution And Capital Discipline Will Support Future Upside Potential

Analysts have trimmed their Endeavour Group price target to A$5.12 from A$5.25, reflecting slightly higher discount rate assumptions, modest tweaks to long term revenue growth and profit margin forecasts, and a lower future P/E multiple following recent bearish Street research. Analyst Commentary Despite the recent adjustment to the A$5.12 price target, some research still highlights potential upside drivers that could matter for long term holders.